The Mosaic Co. to Relocate Headquarters to FloridaUSAgNet - 05/16/2018

The Mosaic Company announced that it intends to move its corporate headquarters, including senior executives and related functions, to Hillsborough County, Florida. Details of the move, including timing, the exact location of the corporate office and the
number of employees to be relocated, remain under consideration.

Company officials say the move gives them closer proximity and better access to Mosaic Fertilizantes. The firm's recent acquisition of Vale Fertilizantes has also doubled the size of its workforce, significantly increased its presence in Brazil, and reinforced the
importance of keeping Americas-based business units more closely connected to corporate teams;

"Mosaic is among the largest employers and most significant corporate economic drivers in Central Florida," said President and CEO Joc O'Rourke. "We believe locating our corporate office there will give us opportunities to amplify Mosaic's presence and
engage more closely with communities where we operate.

The move will allow Mosaic to reconsider its U.S. office footprint, including its spaces in Plymouth, Minnesota, as well as its FishHawk and Highland Oaks locations in Florida. As a result of the company's transformation over the past several years, excess
capacity exists at those locations.